Bullion River Gold Corp. Announces Completion of Financing to Get to Production
Penny Stocks Bullion River Gold Corp. (OTCBB:BLRV) announces the closing of a $3,500,000.00 non-brokered Private Placement. The Company issues 7,000,000 Units at a price of $0.50 per Unit. Each Unit consists of one share of common stock and a warrant to purchase an additional share of common stock at a price of $0.75. The warrants have a term of 24 months.
Peter M. Kuhn, President of Bullion River Gold Corp. states: 'Our goal with this financing was to raise sufficient funds to execute the test mining on our French Gulch property, and with satisfactory results from the test mining, to take it right into production. We have continued to develop and keep relationships strong with our investor partners which enabled us to complete this financing, so that we can quickly move toward production.'
About Bullion River Gold Corp.: Bullion River Gold Corp. is an American based mineral exploration company focusing on regions containing gold-silver deposits predominantly located in the Western United States. The company presently has seven properties of which five are located in Nevada. Three of these properties are considered advanced projects and two are con"